As a result of the merger of AOL-Time Warner the newly combined firm's stock dropped over 70% between 2001 and 2003 because:
A) The CEOs position was split between the two previous CEOs
B) AOL employees wanted to emulate Time-Warner employees and they did not have the skills
C) The total stock market declined that much
D) Both firms were not the leaders in their industry, so each lost out in their market domain
E) The two firms never truly integrated and hostilities between them grew diminishing the strength of the firm

Question

Quizplus · Accepted Answer

The merger faced significant challenges due to cultural clashes and a lack of integration between AOL and Time Warner, leading to internal conflicts and diminishing the firm's overall strength.

As a Result of the Merger of AOL-Time Warner the Newly